Government of Saint Luca

Go to Homepage


[Contact Us]

Search this Site


Government, EDF and Co-operative League team up to assist displaced banana farmers

Governor General
Prime Minister
The Cabinet
The Senate
House of Assembly
St. Lucia Ambassadors
The Constitution
The Staff Orders

National Television Network

Press Releases
Saint Lucia 25th Independence Celebrations
About Saint Lucia
Frequently Asked Questions
Web Links
Government Directory
Browse by Agency
Site Help

Contact: John Emmanuel

Wednesday, February 26, 2003 – The Government of Saint Lucia through the Office of the National Authorising Officer for the European Development Fund (EDF), in conjunction with the Saint Lucia Co-operative League will be sensitizing potential beneficiaries in the south-western belt of the island on the Rural Credit Facility (RCF).

The Rural Credit Facility has been established to foster entrepreneurial development, an initiative that will assist in the efforts geared towards rural transformation. National Authorising Officer Wilfred Pierre says the assistance package is timely, particularly as the island grapples with the displacement caused by a down turn in the banana industry. “We provide organizations like the Co-operative League with technical assistance grants to help these small enterprises to gather information that will assist them in conducting market studies, the paying of the legal fees and generally to assist them at accessing loans via lending institutions like banks for the development of small and medium term enterprises,” said Pierre.

He explained further that, “the members of these Credit Unions, meaning Laborie, Choiseul and the National Cooperative Credit Union are basically banana farmers, their families and workers. These persons have suffered and are facing the economic shocks because of the shortfalls in the banana industry. They have truly suffered when one considers the revenue they derive currently from bananas. In light of that we are providing some of the assistance, safety nets and other mechanisms under our social development programmes to assist these persons.”

It is expected that the initiative will also provide greater impetus to the Ministry of Agriculture, Fisheries and Forestry diversification efforts and Government’s overall thrust towards poverty alleviation. The targeted communities include Laborie, Saltibus, Choiseul and Soufriere.

A sensitization meeting will take place on February 28, 2003 at the Laborie Parish Hall. Other sensitization meetings will also be convened in Vieux Fort and the north of the island

[Home] [Up] [Search 2003 Press Releases] [Site Help]

© 2003 Government Information Service. All rights reserved.

Read our privacy guidelines.